The following single family homes have closed in the Clearwater Springs and Aspen Falls Subdivision in the last 6 months from February 2011 through August 2011. 6706 Langsford Ln. closed at $110,000 (F) 7015 Waterway Ct. closed at $127,100  (F) 7013 Pyramid Dr. closed at $130,000 (F) 7008 Desert Dr. closed at $135,000 6985 Sierra Ct. closed at $170,000 2517 Sierra Ave. closed at $170,000 (F) 2705 Mirage Ave. closed at $177,000 2912 Horizon Ct. closed at $193,000 2655 Stonebridge Ct. closed at $196,000 2804 Discovery Dr. closed at $200,000 (F) 2605 Clear Creek Ct. closed at $255,000 The combined subdivision of Aspen Falls and Clearwater Springs in Plainfield IL are located on the northeast corner of the Caton Farm and County Line intersection.  The entrance to the subdivision is marked b... 08/29/2011

The following properties have closed in the Heritage Oaks subdivision in Plainfield IL between February 26th, 2011 and August 26th, 2011: 24853 Winterberry Dr. closed at $221,000 (F) 12116 Winterberry Dr. closed at $271,000 (S) 12125 Winterberry Dr. closed at $305,000 Heritage Oaks is a luxury custom home community located in Plainfield IL.  Heritage Oaks subdivision is a highly sought after neighborhood due to it's close proximity to Rt. 59 for commuters, and the convenience of shopping, dining and entertainment.  Plainfield IL is a quick 45 mintues into Chicago via I-55 to Lake Shore Dr.  The train stations in Aurora, Naperville, and Joliet make communting a viable option for those that commute to the city for work.  If you, or someone you know, is interested in buying or selling a ho... 08/26/2011

The following property addresses have closed in the Wesmere subdivision in Plainfield IL in the last 6 months between February 26th, 2011 and August 26th, 2011: 1717 Emerald Pointe Cir. closed at $112,500 (F) 1607 Lake Pointe Ct. closed at $114,010 (F) 1903 Arbor Fields Dr. closed at $115,001 (F) 5815 Emerald Pointe Cir. closed at $122,000 (F) 1712 Whispering Oakds Dr. closed at $130,000 (F) 2055 Winding Lakes Dr. closed at $132,000 (S) 5813 Emerald Pointe Dr. closed at $132,000 2222 Candlewood Dr. closed at $136,000 (F) 2202 Wesmere Lakes Dr. closed at $140,600 (F) 5508 Hickory Grove Ct. closed at $145,900 (F) 5612 Cider Grove Ct. closed at $146,900 (F) 1718 Emerald Pointe Cir. closed at $147,000 (F) 1905 Westmore Grove Dr. closed at $147,500 (F) 1915 Long Ridge Ct. closed at $149,000 ... 08/26/2011

Currently in the Plainfield, IL market, there are 886 homes listed for sale. Homes range from 79,900 to $2,200,000. Of the 886 homes listed, 262 are short sales ranging from $85,000 to $549,900. 63 are bank owned/foreclosed homes ranging from $66,000 to $549,875. Whether you are interested in buying a traditional, bank-owned or a short sale, contact LaNita Cates with REMAX Realty of Joliet. Call 630-341-1545 or visit www.lanitacates.com. 08/18/2011

The numbers of distressed sales are holding steady from the same time last year with only a slight increase in the amount distressed home sales from up from 37.8% in June 2010 to  38.2% in June 2011. There was also an increase in the amount of sales in Plainfield IL totaling 110 closed single family homes up from 95 closed single family home sales last year.  In addition average market times decreased from 190 days in June of 2010 to 165 days in June 2011. Unfortunately the average single family home value in Plainfield continues to decline.  The average single family home price in Plainfield IL right now is at $229,414 which fell another 8.4% from the same time last year which was $250,234, which isn’t great news for anyone hoping last year that the market values would improve. Did you... 07/31/2011

            I've been reminded several times over the last couple of weeks of just how important it is for new home buyers to have an experienced real estate specific attorney at their side throughout their home buying experience and home closing.       I've had closings where a top-knotch real estate attorney has been in attendance.  It's been obvious that they've interacted with our mutual clients throughout their entire home buying transaction.  They (or their office) has continually and actively interacted with me, their client's lender, throughout processing.       During the home closing itself, they've been engaged and interacted with everyone at the closing table.  They offered insight, guidance, and paved a clear path towards the completion of a successful home closing.  It's e... 07/18/2011

It's hard to know where we are going if we have no idea where we are coming from.  In order to make sense of the numbers year to year and month by month, we have to have something to compare the health of the real estate economy in Plainfield IL to, and last year, only 199 attached single family properties sold.  In 365 days, that's not a lot of property... but to put in into perspective, Plainfield is mainly comprised of single family homes, so those numbers do not alarm me as much as those figures might suggest.  What always alarms me is the high number of foreclosures and short sales taking over the market in our area.  Mostly the high number of foreclosures and the low number of successful short sales.  In 2010, there were 59 foreclosures in the townhome, duplex and condo market of ... 05/02/2011

If you live in Plainfield or if you are thinking about making this great city your home, you might want to keep up-to-date on what's going on in the real estate market.  Are you looking for current information?  Are you looking to sell your home and can't decide whether this is the right time for you and your family?  Have you thought about purchasing a home but need more information?  Then this is the site for you! You will find helpful statistics that will open your eyes to the reality of what's sold and what is selling.   I have included some great information on what has sold and the price ranges, days on market, month to month comparisons, and year ending comparisons.  This information does not target individual subdivisions but is meant to be an overall view of the Plainfield mark... 04/19/2011

Wow, I’ve been neglecting my blog because I’ve been busy working, (which is good right?)  but I have a lot of catching up to do!  I can’t believe it’s March already!  I’ve got the January market report for you for Plainfield ready now, and it’s painting a better picture of something I thought might have skewed the upbeat numbers last month.  December 30th was originally the date that buyers had to close by in order to qualify for the tax credit last year, and there was a mad rush to purchase property in the last quarter of the year.  Unfortunately, January’s numbers aren’t good. 40 single family Plainfield homes closed in January 2011.  A shocking 62% of those homes were distressed home sales!  SIXTY-TWO percent. That number seems almost unbelievable…. There was also a 13.1% decrease in... 03/20/2011

Highest and Best may be.... Best from the start.Attention buyers ~ it may not be a buyers market after all.  In some specific price ranges and types of sales, sellers have the upper hand.  In southwest Plainfield, IL there are plenty of foreclosed and short sale homes in fair condition listed for under $140,000.  These are homes that once sold for over $225,000 in many cases.  I have seen homes with 30 plus REALTOR cards on the counter top indicating 30 plus showings.  I've been told there are no more showings after 10 days on the market because there were too many offers.  Even for homes imperfect homes at slightly higher prices there can be fierce competition amongst buyers.Last week I wrote 2 offers for foreclosed homes.  The first home was listed at $129,900 and my buyer's offer was... 02/24/2011

A shimmer of hope.  A spark?  A flicker of light at the end of a very long and dark tunnel?!  Say it’s true… oh, someone say that it’s true. IT’S TRUE!!! In what is often thought to be one of the slowest months in real estate here in the Midwest, there is a positive trend in the real estate numbers here in Plainfield that can be seen when we compare the numbers in real estate closings from December 2009 with the numbers from this past December 2010. Home sales were up 8% from the same month last year! Average single family home prices were up 10% from the same month last year too!  The average single family home price for a house in Plainfield IL in December 2010 was $257,752, up from just $234,483 at the same time last year. Want to hear more good news? The number of distressed real es... 01/21/2011

If you live in Plainfield or if you are thinking about making this great city your home, you might want to keep up-to-date on what's going on in the real estate market.  Are you looking for current information?  Are you looking to sell your home and can't decide whether this is the right time for you and your family?  Have you thought about purchasing a home but need more information?  Then this is the site for you!  You will find helpful statistics that will open your eyes to the reality of what's sold and what is selling. I have included some great information on what has sold and the price ranges, days on market, month to month comparisons, and year ending comparisons.  This information does not target particular subdivisions but is meant to be an overall view of the Plainfield marke... 01/19/2011

Grande Park in Plainfield Grande Park is a single family home and townhome neighborhood located in Plainfield, Illinois. Grande Park features 100 acre park with soccer fields, baseball fields, basketball courts, volleyball courts, and tennis courts. For resident enjoyment there is an aquatic center with a swimming pool and club house. In winter residents can use two skating rinks and sledding hills. Activity in Grande Park for the past 6 months Homes Sold Lowest Price Highest Price Average Price 27 $32,500 $530,000 $296,311 27 homes sold in Grande Park in Plainfield from $32,500-$530,000 with an average price of $296,311 within the last 6 months. -Plainfield- Address City Beds Baths Model List Price Status 27026 Rustic Wood Ln Plainfield 0 0 $40,000 Active 12920 Peppertree Dr Plainfield... 01/14/2011

Wedgewood in Plainfield Wedgewood is a single family home neighborhood built in the mid 1990's by the the Krughoff Company. Wedgewood features 257 homes with 20 floor plans ranging from 1,650 to 3,189 square feet square feet of living space. Wedgewood is located in Plainfield, Illinois on Canton Farm Road west of Route 59. Activity in Wedgewood for the past 6 months Homes Sold Lowest Price Highest Price Average Price 1 $235,000 $235,000 $235,000 1 homes sold in Wedgewood in Plainfield from $235,000-$235,000 with an average price of $235,000 within the last 6 months. -Plainfield- Address City Beds Baths Model List Price Status 2105 Glencorse Ct Plainfield 4 2.1 Pinehurst $264,900 Active 2229 Stonehaven Dr Plainfield 4 4   $290,000 Pending 2218 Stonehaven Dr Plainfield 4 2.1 Windsor $219,... 12/19/2010

  48 single family homes closed in Plainfield IL, ranging in price from $132,000 all the way up to $530,000.  It might sound crazy, but I actually LOVE that range.  It means homes in all price ranges are selling, meaning both starter and luxury family homes! Of the 48 closed home sales in Plainfield, 24 were distressed sales; either short sales or bank owned / foreclosure sales, and the other 24 sales were regular residential home sales. 50% of all the homes that closed this month offered buyers an opportunity to purchase a home in Plainfield at a discount.  With interest rates at historic lows and prices as low as they are, it’s the perfect opportunity to buy a home right now. Plainfield has a beautiful historic downtown area that was recently remodeled last year.  Many of the local sh... 11/20/2010

Yesterday I sat with my buyers as they signed contracts for new construction in Plainfield, IL. It was extremely interesting to hear the sales lady WHO WORKS FOR THE BUILDER act as if radon was pixie dust. This is how it went: She gave them a radon pamplet and said "we have to give this to you guys". She handed them the radon disclosure form and said "this just tells you that we don't know if there is radon around and no one tests for it." That was it. Well, I interuppted and said to my buyers "Radon is the second leading cause of lung cancer. You can't see it, smell it or taste it but it is in the air you breathe." I went on to explain more about it. The sales lady (who works for the builder) said "I've done hundreds of contracts here and I think only 2 people tested and there wasn't a... 11/14/2010

Mark your calendars for Monday, November 8th as District 202 and Kennedy Middle School welcomes novelist, Kathy Reichs.  Ms. Reichs was the inspiration behind the TV show, Bones.  She will be promoting her newest book entitled, Virals.  The storyline is based on the Tory Brennan, niece of the forensic anthropologist from the Bones novels. Kathy Reichs hails from Chicago.  Along with her credentials as a best-selling author, she is also a forensic anthropologist and professor of anthropology at the University of North Carolina. Kids of all ages will want to come out and greet Ms. Reichs.  It's a great opportunity for Moms, Dads, kids and grandparents to spend some quality family time and have fun.  For more information please go to:  http://www.psd202.org/news_release.php?newsitem=1728. ... 10/28/2010

(New!) When is Foreclosure Removed from Your Credit Report? Use this handy guide to figure out how quickly you can buy a home after a major financial setback when applying for a loan through FHA, Fannie Mae, or Freddie Mac. Read Foreclosure Help: 5 Pros You Need on Your Team Know which experts provide foreclosure help—often at no cost to you—and how to find them. Read Foreclosure Alternative: The Short Sale A short sale is far from hassle-free, but it’s a better alternative than foreclosure. And now you’ve got a little help from your friends in D.C. Here are the facts about short sales and how to get started. Read Facing Foreclosure: What to Do Right Now If you’re facing foreclosure, don’t panic: Take steps right now to save your home or at least lessen the blow of its loss. Read Visit... 10/27/2010

 SPOOK-TACULAR Hanted House Decorating Contest! Wednesday, October 27 and Thursday, October 28, 6-10pm Participate in the 4th annual Halloween outdoor house decorating contest! The contest is open to all Plainfield Park District residents. Prizes will be given in two categories: family-friendly haunted house and scariest house. Judging will take place on October 27 and 28. Judging will take place from the sidewalk only. All decorations must be visible from the sidewalk. A committee will judge all entries and winners will be contacted Friday, October 29. All contest decisions are final. A map of address will be available on www.plainfieldparkdistrict.om. Registration deadline is Friday, October 22 and there is a $10 registration fee. 10/14/2010

Plainfield, IL Real Estate Market Report, 10/10/10Currently, Plainfield, IL has 486 single family homes for sale with a median list price of $223,500.  There are 32 homes under contract.  The average market time is 191 days.  Prices range from $110,900 to $410,000.  See all of these listings at http://www.roakehomes.com.  In the last 30 days, 67 homes for sale have closed at a median price of $203,500 and 100 homes have had the listing expire or have been cancelled.  Sold homes had an average list price of $263,855 and were on the market, on average, for 170 days.  Expired/cancelled Plainfield homes for sale averaged $273,979 with average market time of 242 days.  Of the 67 closings, 34 were distressed with a median sales price of $189,000 and average sales price of $217,622.  Average m... 10/10/2010